It
seems that interest in cryptocurrencies has continued to increase over the past
period, especially Bitcoin, as one of the most important events related to the cryptocurrency
market approaches, which is the halving.
According
to a survey published on May 4, the cryptographic services company RockX, the
majority of Chinese elite miners, up to 57%of them,
expect to increase the number of new bitcoin buyers (BTC) within the next six
months.
Data
recently released by Google supports this vision, as data suggest that a large
number of countries tour the world, especially Western and Central Europe are
leading the way in the search for "Bitcoin halving".
With
7 days left on the halving process, some countries generated the most requests
for the oldest cryptocurrency.
Austria
is currently the fifth most active source of research for the search and
purchase of bitcoin, despite being considered a foreign country for Bitcoin.
Netherlands
is the second largest country searching for halving process, the country that
pursuing its own digital currency, not to mention its desire to become the main
hub for the digital euro, showing a big interest in this topic.
In
the first place came Switzerland, which they are well aware of their permitted
regulatory position on Bitcoin, having produced major cryptocurrency-focused
financing products for several years.
Moreover,
more than 71% of respondents believe the market has regained confidence in
bitcoin, not to mention the belief that its Bitcoin business will be priced
between $10K and $12K, up to 45%, while others, with a ratio of up to 24
percent, think it will hover around $10,000.
On
the other hand, respondents, over 57%, also thought that Bitcoin hash will not
change significantly after half, and expect it to be between 110 and 130
exahashes per day. According to Bitcoin Network Analysis website BitInfoCharts,
as of today, the Bitcoin network currently has 127 exahashes per day.
This
seems to be in line with what many in the encryption community believe.
Cointelegraph also recently reported that 37% of the cryptocurrency community
expects Bitcoin's hashrate to be higher one month after the block bonus is
halved from what it is currently.
The Bitcoin advanced
0.56 percent to trade at $8,889, Ethereum saw a 0.76 percent plunge to $204 and
Ripple descended 1.59 percent to $0.22.
